Fynx Capital Board Approves FY26 Results, Proposes ₹80 Cr Capital Hike
Fynx Capital Limited's Board of Directors met on May 28, 2026, to approve the standalone audited financial results for the quarter and financial year ended March 31, 2026, which received an unmodified opinion from the statutory auditor. Key decisions included the appointment of M/s. Anil Bhutra & Co. as Internal Auditor for FY 2026-27 and Gaurav Agarwal & Associates as Practicing Company Secretary. The board also proposed to increase the Authorized Share Capital from ₹25 crore to ₹105 crore, subject to shareholder approval at an upcoming Extraordinary General Meeting (EGM). Additionally, related party transactions were approved, and the sitting fees for independent directors were increased. The EGM details and scrutinizer appointment were also finalized.
Key Highlights
- Board approved FY2025-26 audited financial results with unmodified opinion.
- Proposed authorized share capital increase from ₹25 Cr to ₹105 Cr.
- Appointed M/s. Anil Bhutra & Co. as Internal Auditor for FY27.
- Approved related party transactions and increased independent director fees.
- EGM to be convened for shareholder approval of capital increase.
Price Impact
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